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In this Excel tutorial, the presenter demonstrates how to delete alternate rows or columns, specifically focusing on removing every third, fourth, or fifth row or column. Using a small dataset as an example, the tutorial illustrates the need for efficient methods when handling larger datasets. The presenter suggests employing a helper column with the "IS EVEN" formula combined with the "ROW" function to identify alternate rows for deletion. The "ROW" function provides the current row number, which, when used with "IS EVEN," helps determine which rows to select for deletion. This approach is more effective than manual deletion, especially for extensive data.